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AAMM

Active
Private limited company (pre-2019)founded 2009active for 17 yearsFonteinstraat 18, 1000 Brussel, BelgiumKBO/BCE: BE 0810.588.715
Summary

AAMM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,511) and a net result of €20,943. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 1,327 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Day spas, saunas and steam baths
NACE 96230
1 site
Size
€26,745turnover 2025
Equity
-€1,511
Profit
€20,943
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 43 days early1 of 3 deeds read
Why 56raises riskCapped at 59: negative equity2 of the last 3 lateNegative equity -€1,511lowers riskSize: turnover €26,745, total assets €2,672Founded in 2009Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (NACE 96, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -56.6% of total assets
Liquidity 50=
short-term debt 156.6% · cash 81.2%
Profitability 100=
return on assets 783.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,596 companies, NACE 96, micro)
Last 24 months 11-2024: 2.9% 12-2024: 3.9%▲ +1.0 percentage point vs 11-2024 01-2025: 6.6%▲ +2.7 percentage points vs 12-2024 02-2025: 6.6%● unchanged vs 01-2025 03-2025: 6.6%● unchanged vs 02-2025 04-2025: 6.1%▼ -0.5 percentage points vs 03-2025 05-2025: 6.1%● unchanged vs 04-2025 06-2025: 6.1%● unchanged vs 05-2025 07-2025: 5.9%▼ -0.2 percentage points vs 06-2025 08-2025: 8.1%▲ +2.2 percentage points vs 07-2025 09-2025: 8.1%● unchanged vs 08-2025 10-2025: 8.1%● unchanged vs 09-2025 11-2025: 8.8%▲ +0.7 percentage points vs 10-2025 12-2025: 9.0%▲ +0.2 percentage points vs 11-2025highest value 01-2026: 1.1%▼ -7.9 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.0%▼ -0.2 percentage points vs 05-2026 07-2026: 0.4%▼ -0.6 percentage points vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro): better than 11% on solvency, 47% on liquidity, 93% on profitability and 78% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €26,745, total assets €2,672
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Negative equity -€1,511
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1327 sector peers (2025).
NBB · sector comparison
Position among 1327 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
122 days late
2022
80 days late
2021
149 days late
2020
103 days late
2019
130 days late
2018
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 74 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 November (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: BELHASNIOUI MOHAMED (director)Appointment: BELHASNIOUI ABDELILAH (director) ·…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Highest result from 2018 to 2025net €20,943 ▲202%

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1,511 View
  • Caution: Among the weakest 15% on solvencysector median 30.8% · 1,327 companies -56.6% View
  • Caution: Board changedlatest change 01-07-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Turnover
€26,745
Profit
€20,943
Solvency
-56.6%
Turnover▲ 10.6%
Net result
20182025
Go to Financials

Timeline

Events
21
Since
2010
Next accounts
by 31-07-2027
  1. 30-11-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 19-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
23-03-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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